Report

Update: Growth targets confirmed

Monitise reported FY14 results in line with its recent trading update and reiterated targets for FY15 and the longer term. The recently expanded IBM alliance provides an important sales channel and gives Monitise access to global resources to implement new contracts – this should support the company on its path to achieving FY18 registered user and ARPU targets. Widespread adoption of Monitise’s technology for m-banking and m-commerce services, primarily by financial institutions, is the key to reaching these targets.
Underlying
Monitise PLC

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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